Mold Requires Special Assessment and Coverage
After storms or water events mold is sometimes unavoidable. In damp warm climates, mold can form in a matter of hours and days. Mold remediation can be very expensive. If you are concerned that a water loss has caused mold to start growing in your home, it is important that you hire a mold assessor immediately. Assessors are licensed by the state of Florida to test for mold.
Companies that remediate or fix the mold are not allowed to test for mold. You have to hire an independently licensed assessor to determine the presence of mold. Once they’ve determined the presence of mold you must then go to a separate company to have this issue resolved. If you’re finding mold in your house most insurance policies cover both losses up to a certain amount.
It is important to review your policy carefully to figure out whether you have full coverage or whether mold is excluded. Due to the expensive nature of mold remediation, insurance companies are not likely to offer this testing service to you. You must request it. Mold can cause serious illness and property damage. Mold contamination can also destroy your property and your contents.
Mold can sometimes hide behind walls and appliances. If you smell that characteristic musty odor, and you’re aware of water that has been released in your home it is likely that mold has begun to develop. It is important to jump on this quickly before it spreads throughout your home and causes serious damage.
Understanding Mold Exclusions
Due to the expensive nature of mold remediation, insurance companies have begun to exclude coverage for mold mold. A lot of insurance policies exclude mold but then add it back in up to a certain limit such as a $10,000. In this regard you must check your policy to see whether you do have coverage for mold and to what extent. It is important to understand that mold is usually only covered if there’s first a water loss that is a covered peril. If humidity is building up due to a broken air conditioning unit,or some other reason that is not covered, then you may not have coverage for mold. Usually mold is only covered if there is an accidental discharge of water for the plumbing system or a wind loss has caused water to enter your house. In this regard, it is important to understand the cause of the mold. Hiring professional leak detection services and mold assessors is absolutely necessary to prove that your mold loss is covered.
For example, mold may be covered if a burst water pipe causes mold to grow and is considered an ensuing loss.
In determining whether mold damage is excluded under an ensuing loss provision, courts often look to see if mold is the cause of damage or the result. This is a fact-specific question that generally must be analyzed according to the law in the jurisdiction where the claim arose.
Some policies are expressly written with an “absolute” mold exclusion. An “absolute” exclusion means that no matter how the mold may come to be, the insurance company will not pay for the damages.
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